The bill aims to revise Montana's gambling laws by updating the definition of "internet gambling" to explicitly include online casinos and cryptocurrency as forms of gambling. It clarifies that online casinos, which allow users to place bets using any form of currency, are prohibited. However, online casinos that do not permit the use of currency are not considered gambling activities and are therefore allowed. Additionally, the bill amends the disposal of fines collected for violations of gambling laws, directing them to the operating budget of the Department of Justice instead of the state general fund.

Furthermore, the bill revises the penalties for soliciting participation in illegal gambling activities, changing the classification from a misdemeanor to a crime punishable under specific sections of the law. It also introduces stricter penalties for individuals who operate illegal internet gambling sites within the state, subjecting them to felony criminal liabilities. Overall, the bill seeks to strengthen the regulatory framework surrounding gambling in Montana, particularly in relation to emerging technologies and online platforms.

Statutes affected:
LC Text: 23-5-112, 23-5-123, 23-5-154, 23-5-162